Ethereum Long Position Partially Liquidated Again as Huang Licheng’s Address Drops from $2.08M to Under $270K, With Liquidation Price at $2,842.59

The post Ethereum Long Position Partially Liquidated Again as Huang Licheng’s Address Drops from $2.08M to Under $270K, With Liquidation Price at $2,842.59 appeared on BitcoinEthereumNews.com.

COINOTAG News, December 1 — According to monitoring by @EmberCN, the latest market downturn saw an Ethereum long position tied to the wallet of Huang Licheng undergo partial liquidation, reflecting continued margin stress in a volatile environment. The position originated from a $1 million deployment and expanded to approximately $2.08 million before liquidity events trimmed the exposure, highlighting the rapid leverage dynamics within the Ethereum market. Current readings show the address balance below $270,000, with the remaining long position liquidation price set at $2,842.59, indicating potential further risk if price action turns decisively lower. Source: https://en.coinotag.com/breakingnews/ethereum-long-position-partially-liquidated-again-as-huang-lichengs-address-drops-from-2-08m-to-under-270k-with-liquidation-price-at-2842-59